Prime Minister of Kazakhstan Karim Masimov and representative of JP Morgan discussed perspectives of Kazakh economy development, reports press service of the Prime Minister.
Masimov met a group of representatives of JP Morgan headed by William Winters. The parties discussed world economy conditions and financial system as well as perspectives of Kazakh economy development.
Foreign investors think Kazakhstan took all appropriate measures to ensure economic and financial system stability, the country will overcome the world economic crisis.
The parties exchanged opinions on Kazakhstan’s measures of stabilization.
Representatives of JP Morgan noted that KZT devaluation was “timely and necessary measure for economy of Kazakhstan, although painful.”
Besides, Winters confirmed interest of foreign investors on the whole, and JP Morgan group in particular, in project implementation in real sector of economy, underlined that Kazakhstan is investment-attractive country.
In conclusion Masimov and Winters expressed confidence in further effective cooperation.
